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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Herbys
Jr. Member
 Offline
Activity: 238
Merit: 6
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October 15, 2018, 10:55:13 AM |
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The publication that trading pairs with USDT will probably be a fake tomorrow from the Binance exchange. Also affected by the news: the exchange KuCoin will suspend the input and output of Tether tokens to "purse maintenance" and an article from Bloomberg about the possible insolvency of Bitfinex and doubts about the reliability of USDT tokens, of which more than 3 billion were issued, but Bitfinex posted 3 references to cold wallets where Bitcoins, Ethereum and EOS are stored, so the rumors not confirmed. |
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vixcious
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October 15, 2018, 12:13:04 PM |
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This morning I heard a bad news about USDT. That is a bad thing. Perhaps that is why TUSD is being used by more people. I think this is TUSD's strategy to make them lose the heavyweight opponent. It seems that the Crypto market is getting more and more war and it is interesting.  |
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ganlianshifu1
Member
Offline
Activity: 392
Merit: 10
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October 15, 2018, 12:56:12 PM |
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How the USDT issuer guarantees such a distribution mechanism is not yet clear!
Behind the recent surge in bitcoin, all of them were driven by the indiscriminate use of USDT. When the news came out, the USDT was pushed to the forefront.
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felicita
Legendary
Offline
Activity: 1582
Merit: 1031
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October 15, 2018, 01:03:09 PM |
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hmm you say bitcoin rises ? we made in last 24 hours about 0.4 % not really rises XD
But yes its sad to see a table coin falling down to 0.85$ insted of 1 $
regards
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charlotte04
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October 15, 2018, 01:10:17 PM |
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Yes! Bitcoin really pumped because all of tether where transferred to buy Bitcoin. Hope that it will be only Bitcoin and USD will be playing inside the market now. |
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snipie
Legendary
Offline
Activity: 3150
Merit: 1140
#SWGT CERTIK Audited
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October 15, 2018, 01:24:20 PM |
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A stable coin that it is not stable versus US dollar. How ironically is it. Although checking coinmarketcap it shows TUSD is rising. Platforms need a trusted stable coins not shady ones  |
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Dukjila
Newbie
Offline
Activity: 238
Merit: 0
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October 15, 2018, 01:46:09 PM |
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Someone really wants to break the Tether - USD binding by panicking on the market.
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tegarp90
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October 15, 2018, 01:54:02 PM |
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I never know if thether can hit under 1$. Does it means the dollar is on bearish also in real fiat ? |
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qiman
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October 15, 2018, 02:07:23 PM |
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I still believe we are in a bear market and the people who are ruling us in the markets are manipulating us and using fake news to make their moves and make us smaller speculators lose. If you see Bitcoin rose, then alts fell and now Bitcoin is falling and alts will fall more, so the people who sold Bitcoin and alts at the top again were the ones who benefited from this fake rally. All the other speculators and holders of altcoins and Bitcoin are now at a loss again and are sitting worse off than yesterday. When Bitcoins and altcoins plummet more, the bears will take the reigns again and take away every bullish sentiment there is for the next six months or more to continue their accumulation.
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mmo_online_1981
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October 15, 2018, 02:29:19 PM |
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These are not changes due to market demand, just a short-term crisis, will not change the market!
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Monetran
Newbie
Offline
Activity: 97
Merit: 0
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October 15, 2018, 02:58:07 PM |
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So called "stable coins" are nothing of the sort if there is not enough backing to redeem ALL OF THE COINS IN CIRCULATION, if need be.
Nobody knows how much USD is behind USDT, but if it's trading below $1 then chances are somebody has found proof that they don't have a 1-1 ratio.
A real stable coin could redeem all of its outstanding tokens if it had to.
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troiano9
Member
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Activity: 284
Merit: 10
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October 15, 2018, 03:03:45 PM |
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Tether has been on the verge of crashing for months. Anytime they have any issues they just print more tether
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coolcoinz
Legendary
Offline
Activity: 2618
Merit: 1104
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October 15, 2018, 03:13:45 PM |
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These are not changes due to market demand, just a short-term crisis, will not change the market!
USDT needs a proper audit. It needed it for months, especially after that article which suggested that it's not 100% backed. I'm not a fan of regulators but when there's a suspicion that you could be printing money some agency should step in and check it out. I don't agree that this is a short-term crisis. You can't know that unless you are a Bitfinex insider. |
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ThePunisher49X
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October 15, 2018, 03:18:11 PM |
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Rather have tether(USDT) than the USD as everyone thought would be crashing this Black Monday.  |
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RawDog
Legendary
Offline
Activity: 1596
Merit: 1026
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October 15, 2018, 04:06:52 PM |
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USDT needs a proper audit.
There will be no audit. Ever. The money is LONG gone. Are you people really this fucking stupid? |
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Genamant
Full Member
Offline
Activity: 730
Merit: 102
Trphy.io
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October 15, 2018, 04:19:08 PM |
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Fake bull run ,its another pumpy dumpy
USDT big rumors that Binance will delist Tether.This is the reason...
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krishnaverma
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October 15, 2018, 04:29:01 PM |
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This is a step in a right direction. I hope that the market continues in the same way and bitcoin keeps rising. However, the people who had invested in Tether will be in loss because of this.
There are other coins whose depreciation can help in improving the condition of bitcoin like ethereum.
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bitezoid
Newbie
Offline
Activity: 7
Merit: 0
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October 15, 2018, 04:32:58 PM |
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I don't undrestand the relation  |
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lachenchajaram
Newbie
Offline
Activity: 4
Merit: 0
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October 15, 2018, 04:42:46 PM |
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This mean that Theter is finish?
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